Disclosure of interest u/s 184
This query is : Resolved
21 March 2015
Hi, I have appointed a person as additional director on 13/03/2015 and after that my company next board meeting is 19/03/2015 in which that person give a notice of nil disclosure. Now Is my company is liable to file it in MGT-14?
21 March 2015
'Nil disclosure' is also a 'disclosure' and hence MGT-14 has to be filed.
21 March 2015
But there is circular issued by MCA on 18.03.2015 which states that, there is no need to file MGT-14. Can you please help in understanding that.
22 March 2015
Yes that is correct but it comes into force on the date of their publication in the Official Gazette. Till that date compliance is required.
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